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17

Vagarious Norilsk Ties Up With Canadian Firm

"Norilsk guys have obviously shown that they can surprise..."

Russian metal giant Norilsk Nickel?s executives, who have had contact with Canadian gold producer Kinross Gold are credible, according to Johannesburg?s analyst, Dow Jones reported..

He said: "The Norilsk guys have obviously shown that they can surprise, I wouldn't discount it, but I haven't seen any official word from Norilsk."

He considered that talks may have something to do with Norilsk's gold assets, and that Norilsk may fall back on selling its Gold Fields?s stake.

The both companies are not immediately available for comment.